Car Wash Feasibility Study

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MMCG Invest specializes in providing Car Wash Commercial, SBA 7(a) and SBA 504 loan program feasibility studies, leveraging our unique expertise.

Are you:

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• Seeking a car wash business loan under the SBA 7(a) or SBA 504 loan program?

• A financial institution in need of a feasibility or financial study for a car wash project?

• An investor or developer considering the purchase or development of a car wash facility?

• In need of an independent feasibility study for a car wash development?

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We offer market research and feasibility studies to assist you in making profitable decisions.

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Our SBA Feasibility Study for your car wash project includes:

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• In-depth analysis of traffic data (AADT), potential customer capture rates, and traffic flow patterns.

• Projections of service usage, revenue per square foot, average sales per service, etc.

• A comprehensive overview of competitors within your target area, including their customer traffic, capture rates, and revenue estimates.

• Analysis of the impact of additional services such as detailing, self-service options, or additional amenities.

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How do we formulate our assumptions?

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• Our car wash feasibility study assumptions are grounded in thorough market research, which encompasses:

• Revenue projections based on actual data from competing car wash businesses.

• Detailed comparison of proposed locations with competitors, including suitability analysis based on population within various driving radius and estimated spending on car wash services (utilizing the latest U.S. Census Bureau data from ESRI datasets).

• Advanced analysis of traffic flow patterns using mobile cell location data.

• Expense estimates based on actual financial statements from nearby competing car washes.

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What We Deliver:

• Detailed financial projections tailored to your site's potential.

• Debt Service Coverage Ratio (DSCR) analysis to highlight investment potential.

• Comprehensive economic and financial feasibility reports, including a 10-year pro forma, Internal Rate of Return (IRR), Present Value (PV) cash flow, and Return on Investment (ROI).

• In-depth market supply/demand studies.

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MMCG Invest, LLC, your go-to expert for car wash feasibility studies, boasts years of experience in the field. We deliver a complete feasibility study within 10 to 12 business days. Contact us for a complimentary consultation to discuss your specific market conditions.